The government of Delhi has cracked down on surge pricing from Uber and local ride-hailing company Ola, forcing the startups to suspend the feature across the Indian city of nearly 10 million people. In a series of tweets posted this week, Delhi Chief Minister Arvind Kejriwal sharply criticized surge pricing, which uses algorithms to raise fares when demand for taxis is high. Kejriwal described the practice as "highway robbery," and said that "strict action" would be taken against drivers who raise their fares. He also accused the companies of taking advantage of a temporary restriction on the number of vehicles allowed on Delhi's roads — a pilot program aimed at reducing air pollution — and said those who engage in surge pricing could…
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Dec 17, 2015